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Standard Chartered to cut over 15% of support roles, targets higher income per employee and returns

Upstract [Unofficial] May 19, 2026
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Standard Chartered on Tuesday announced it would cut more than 15% of its corporate functions roles by 2030, while setting higher medium-term profitability targets. The workforce reduction is part of the lender's efforts to raise income per employee by aroun 20% by 2028, StanChart said. According…

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